bank charges

[oscartony]

i heard it is possible to get these back from the bank for unpaid DD's and it technically illegal that they do it, is it true?

[Oneeyedvic]

There is a story that the charges are too high (disproportionatly high) and therefore they could be illegal. A while ago someone sued their bank (could have been Halifax) in the small claims court for the charges plus about �1000.00 (may have been higher).

It was uncontested in the court and so he won. He did have a law degree and prepared his own paperwork.

[Ethel]

This is an excellent article with relevant advice.

http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?ne wsid1141050760,24632,

[Whickerman]

These days you should be able to get an account with no charges - why is anyone paying bank charges anymore?

As for unpaid dds - if the money's not in the account the bank will not foot your bill.

[Whickerman]

Sorry - misread the question - didn't realise you meant the charges for unpaid dds, as opposed to not paying dds when the account is underfunded.

Go get 'em!

[erimus1]

Banks Pray on the fact that you will not contest charges (and make a lot of money out of it). At the end of the day, they can charge you but they cannot legally enfoce it (Unfair Contract Terms Act 1977) - Read the Article that Ethel mentions - it is great (along with the rest of the site)

Another one that people are unaware of is charging for late Video/DVD returns - they can charge, but can't enforce it.

Regards,
Steve

[erimus1]

PS - How do you get a green name?

[meltoadhall]

brilliant site have just sent off my letters .

[stevie21]

Oneeyedvic - the bloke who took his bank to court (and they never showed up) was taking action against Abbey. I think his name was Peter or Stephen Hone and the judge awarded him even more than he was asking for! Brilliant!!!

Bank charges are evil (but completely avoidable in most cases).

[erimus1]

Stevie21, a court has the right not only to allocate compensation, but also 'punative' damages' which usually goes to the claimant too, which is how he got more than he bargained for.
Cheers,
Steve

[BAG]

Visit www.bankactiongroup.co.uk.

There is a forum there for people who are claiming this money back from the banks.